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Construction Market Intelligence
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Saskatoon construction market

What residential construction currently looks like in Saskatoon: activity relative to population, the building pipeline, nominal and real growth, and market mix — measured against 15 other Canadian markets.

Trailing 12 months ending June 2026 Saskatchewan · census metropolitan area · population 378,475 (2025)

  • Renovation-heavy
  • High construction intensity

Key metrics

Housing starts per 1,000 residents
10.39
3,932 starts in 12 months
5th of 16
Housing completions per 1,000 residents
8.02
3,037 completions
6th of 16
Units under construction per 1,000 residents
12.40
4,694 units at period end
9th of 16
Pending starts per 1,000 residents
3.78
1,431 units · secondary indicator
7th of 16
Residential permit value growth (constant dollars)
+10.9%
Nominal +17.5%
5th of 16
Residential construction price growth
+5.8%
Year over year
6th of 14
Renovation share of residential investment
48.6%
of residential investment
5th of 16
Apartment share of housing starts
53.1%
of housing starts
15th of 16

Current observations

  • Saskatoon recorded 3,932 housing starts over the trailing 12 months ending June 2026 — 10.39 per 1,000 residents, 5th of 16 tracked markets (median 8.33).
  • 12.40 units per 1,000 residents were under construction at period end (9th of 16 tracked markets), 1.5 times the 8.02 per 1,000 completed over the past 12 months.
  • Residential permit value rose 17.5% nominally and approximately 10.9% after adjusting for construction prices. The segments differ: in constant dollars, single-dwelling permit value changed +3.7% and multiple-dwelling +20.7%.
  • Renovation accounts for 48.6% of residential investment (5th of 16 tracked markets by renovation share). Apartments were 53.1% of housing starts and single-detached homes 35.2%.
  • Residential construction prices changed +5.8% year over year (6th of 14 tracked markets by price growth).
  • Pending starts — permits issued but not yet started — stood at 3.78 per 1,000 residents (7th of 16 tracked markets). This is a secondary indicator of the current backlog, not a forecast.

Generated from the published values on this page using fixed rules. They describe current measured conditions and are not forecasts.

Historical context

Monthly, as trailing 12-month totals (except units under construction, a month-end stock), 2019 to June 2026.

Housing starts by dwelling type

Trailing 12-month starts. Multi-unit = semi-detached, row and apartment.

  • Single-detached
  • Multi-unit
Housing starts by dwelling type, Jan 2019 to Jun 2026. Latest: Single-detached 1,385; Multi-unit 2,547. Full values in the table below the chart.01,0002,0003,00020192020202120222023202420252026
Show all monthly values as a table
Housing starts by dwelling type
Period endingSingle-detachedMulti-unit
January 2019785827
February 2019775809
March 2019768804
April 2019749811
May 2019759740
June 2019752773
July 2019692762
August 2019698759
September 2019665851
October 2019670616
November 2019665596
December 2019639684
January 2020624789
February 2020630798
March 2020641831
April 2020650857
May 2020639830
June 2020621866
July 20206651,348
August 20206641,288
September 20206901,132
October 20207351,113
November 20207391,163
December 20207741,135
January 20217951,211
February 20218351,216
March 20218661,434
April 20219531,560
May 20211,0161,773
June 20211,0461,764
July 20211,0331,315
August 20211,0501,286
September 20211,0311,669
October 20219851,692
November 20219631,685
December 20219651,675
January 20229421,490
February 20229421,599
March 20229391,356
April 20229291,479
May 20229131,366
June 20229011,647
July 20229141,675
August 20229261,922
September 20229441,575
October 20229481,670
November 20229571,681
December 20229131,746
January 20239191,759
February 20238691,860
March 20238491,905
April 20238001,660
May 20237501,598
June 20237441,547
July 20237031,778
August 20236831,766
September 20237111,741
October 20237511,704
November 20237691,828
December 20237861,862
January 20248041,866
February 20248171,715
March 20248181,742
April 20247971,750
May 20248211,688
June 20248581,481
July 20248921,531
August 20249081,397
September 20248981,694
October 20249171,709
November 20249451,770
December 20249771,679
January 20259751,674
February 20259981,625
March 20251,0421,961
April 20251,1202,116
May 20251,1792,343
June 20251,1782,394
July 20251,1932,255
August 20251,2262,312
September 20251,2582,284
October 20251,3142,487
November 20251,3012,297
December 20251,3462,466
January 20261,3622,502
February 20261,3732,657
March 20261,3552,325
April 20261,3342,181
May 20261,3642,364
June 20261,3852,547

Under construction and completions

Units under construction (month-end) and trailing 12-month completions.

  • Under construction
  • Completions (12 mo)
Under construction and completions, Jan 2019 to Jun 2026. Latest: Under construction 4,694; Completions (12 mo) 3,037. Full values in the table below the chart.02,0004,0006,00020192020202120222023202420252026
Show all monthly values as a table
Under construction and completions
Period endingUnder constructionCompletions (12 mo)
January 20191,6141,672
February 20191,5871,521
March 20191,4961,555
April 20191,2931,730
May 20191,2191,761
June 20191,2911,647
July 20191,2901,610
August 20191,2821,621
September 20191,4151,608
October 20191,4191,585
November 20191,4301,557
December 20191,4211,563
January 20201,5051,487
February 20201,5221,476
March 20201,5231,434
April 20201,3891,418
May 20201,3931,288
June 20201,2701,483
July 20201,7331,548
August 20201,5141,484
September 20201,5181,482
October 20201,7391,503
November 20201,8451,464
December 20201,8551,451
January 20212,0151,472
February 20212,0141,521
March 20212,2571,529
April 20212,1701,733
May 20212,4371,758
June 20212,3511,760
July 20212,2741,838
August 20212,2331,863
September 20212,4182,048
October 20212,3622,090
November 20212,3402,188
December 20212,3402,190
January 20222,2342,248
February 20222,3632,227
March 20222,3302,254
April 20222,4382,135
May 20222,4612,253
June 20222,4642,432
July 20222,4892,371
August 20222,7552,320
September 20222,7042,225
October 20222,7782,191
November 20222,8092,158
December 20222,8032,186
January 20232,7442,158
February 20232,9222,160
March 20232,9232,151
April 20232,4232,465
May 20232,4612,335
June 20232,5402,203
July 20232,7802,203
August 20232,8992,236
September 20232,8512,234
October 20232,9112,255
November 20233,0152,322
December 20233,0872,285
January 20243,1052,231
February 20243,0932,282
March 20242,8112,593
April 20242,8432,046
May 20242,7692,120
June 20242,8561,942
July 20243,1581,937
August 20243,2461,932
September 20243,4911,928
October 20243,6421,865
November 20243,8901,812
December 20243,7351,992
January 20253,3452,392
February 20253,1082,590
March 20253,4592,340
April 20253,5572,509
May 20253,8282,450
June 20253,8162,588
July 20253,8102,773
August 20253,9462,813
September 20254,1262,880
October 20254,1133,287
November 20254,0043,438
December 20254,1563,340
January 20264,1582,999
February 20264,3052,779
March 20264,3162,771
April 20264,0422,999
May 20264,4413,088
June 20264,6943,037

Residential permit value: nominal and constant dollars

Trailing 12-month value, $ millions. Constant dollars are Statistics Canada’s price-adjusted series.

  • Nominal
  • Constant dollars
Residential permit value: nominal and constant dollars, Jan 2019 to Jun 2026. Latest: Nominal $1,113M; Constant dollars $991M. Full values in the table below the chart.$0M$500M$1,000M$1,500M20192020202120222023202420252026
Show all monthly values as a table
Residential permit value: nominal and constant dollars
Period endingNominalConstant dollars
January 2019$420M$589M
February 2019$411M$575M
March 2019$386M$539M
April 2019$383M$534M
May 2019$378M$526M
June 2019$387M$539M
July 2019$391M$544M
August 2019$396M$550M
September 2019$386M$535M
October 2019$393M$546M
November 2019$383M$531M
December 2019$365M$507M
January 2020$357M$495M
February 2020$370M$513M
March 2020$374M$519M
April 2020$379M$526M
May 2020$366M$507M
June 2020$344M$476M
July 2020$353M$489M
August 2020$358M$495M
September 2020$369M$510M
October 2020$393M$540M
November 2020$408M$559M
December 2020$485M$658M
January 2021$494M$667M
February 2021$511M$686M
March 2021$532M$708M
April 2021$552M$727M
May 2021$567M$738M
June 2021$617M$788M
July 2021$612M$771M
August 2021$612M$760M
September 2021$657M$800M
October 2021$635M$761M
November 2021$673M$795M
December 2021$617M$714M
January 2022$613M$704M
February 2022$606M$689M
March 2022$633M$710M
April 2022$647M$717M
May 2022$664M$728M
June 2022$662M$717M
July 2022$682M$732M
August 2022$682M$727M
September 2022$654M$692M
October 2022$659M$693M
November 2022$614M$641M
December 2022$617M$642M
January 2023$622M$645M
February 2023$662M$684M
March 2023$629M$646M
April 2023$603M$617M
May 2023$650M$663M
June 2023$614M$625M
July 2023$594M$604M
August 2023$636M$644M
September 2023$628M$634M
October 2023$638M$642M
November 2023$711M$714M
December 2023$704M$706M
January 2024$675M$676M
February 2024$621M$621M
March 2024$614M$613M
April 2024$612M$610M
May 2024$611M$604M
June 2024$630M$620M
July 2024$703M$688M
August 2024$712M$694M
September 2024$787M$763M
October 2024$804M$777M
November 2024$769M$739M
December 2024$787M$755M
January 2025$827M$793M
February 2025$855M$818M
March 2025$916M$875M
April 2025$969M$922M
May 2025$943M$893M
June 2025$948M$894M
July 2025$922M$865M
August 2025$925M$863M
September 2025$916M$849M
October 2025$959M$883M
November 2025$977M$896M
December 2025$986M$901M
January 2026$996M$907M
February 2026$985M$895M
March 2026$1,029M$929M
April 2026$1,038M$933M
May 2026$1,066M$954M
June 2026$1,113M$991M

Market mix

Housing starts by dwelling type, 12 months

Housing starts by dwelling type in Saskatoon
Dwelling typeStartsShare
Single-detached1,38535.2%
Semi-detached1303.3%
Row3308.4%
Apartment and other2,08753.1%

Rental-intended starts: 53.4% of all starts.

Renovation vs. new construction

Renovation 48.6% New construction 51.4%

Share of residential building investment. Alterations are 5.9% of residential permit value (a separate source).

Growth: nominal and constant dollars

Nominal and constant-dollar growth, trailing 12 months ending June 2026 versus the prior 12 months
SeriesNominalConstant $
All residential permits+17.5%+10.9%
Single-dwelling buildings+9.2%+3.7%
Multiple-dwelling buildings+28.8%+20.7%
Residential building investment+13.2%+7.1%

Nominal growth includes construction-price change; constant-dollar growth is Statistics Canada’s price-adjusted series. They are shown side by side rather than subtracted.

All published metrics

All published construction metrics for Saskatoon, trailing 12 months ending June 2026
MetricSaskatoonDefinition
Population378,475July 1 population estimate for the census metropolitan area.
Housing starts, trailing 12 months3,932Dwelling units started over the trailing 12 months (CMHC Starts and Completions Survey).
Housing starts per 1,000 residents10.39Housing starts (all dwelling types) over the trailing 12 months divided by the CMA population estimate, per 1,000 residents.
Housing starts, change vs prior 12 months+10.1%Change in trailing-12-month housing starts compared with the 12 months before.
Housing completions, trailing 12 months3,037Dwelling units completed over the trailing 12 months.
Housing completions per 1,000 residents8.02Dwelling units completed over the trailing 12 months divided by the CMA population estimate, per 1,000 residents.
Completions, change vs prior 12 months+17.3%Change in trailing-12-month completions compared with the 12 months before.
Units under construction4,694Dwelling units under construction at the end of the reference period.
Units under construction per 1,000 residents12.40Dwelling units under construction at the end of the reference period (a stock, not a 12-month flow) per 1,000 residents.
Under construction, change vs a year earlier+23.0%Change in units under construction compared with the same month a year earlier.
Pending starts1,431Units with a building permit issued but not yet started, at the end of the reference period.
Pending starts per 1,000 residents3.78Units with a building permit issued but not yet started, at the end of the reference period, per 1,000 residents. A secondary indicator of the current pipeline, not a forecast of starts.
Pending starts, change vs a year earlier+76.7%Change in pending starts compared with the same month a year earlier.
Dwelling units authorized per 1,000 residents13.46Dwelling units created by building permits issued over the trailing 12 months, per 1,000 residents.
Authorized units, change vs prior 12 months+26.5%Change in dwelling units authorized by building permits compared with the prior 12 months.
Residential permit value, trailing 12 months$1.11BValue of residential building permits, current dollars.
Residential permit value growth (nominal)+17.5%Change in the value of residential building permits over the trailing 12 months versus the prior 12 months, in current dollars.
Residential permit value growth (constant dollars)+10.9%The same change measured with Statistics Canada’s constant-dollar permit values, which remove construction-price change.
Residential investment growth (nominal)+13.2%Change in residential building investment over the trailing 12 months versus the prior 12 months, current dollars.
Residential investment growth (constant dollars)+7.1%The same change measured in Statistics Canada’s constant-dollar investment series.
Residential construction price index (2023 = 100)112.8Average of the four latest quarterly index values, 2023 = 100. Each market is indexed to its own 2023 prices, so index levels show price change within a market and cannot be compared across markets.
Residential construction price growth+5.8%Change in the residential building construction price index (average of the four latest quarters versus the four before). Not published for every CMA.
Renovation share of residential investment48.6%Renovation spending as a share of total residential building investment over the trailing 12 months.
Alterations share of residential permit value5.9%Permit value for alterations and improvements as a share of all residential permit value — an independent view of renovation activity.
Apartment share of housing starts53.1%Apartment and other unit types as a share of all housing starts over the trailing 12 months.
Single-detached share of housing starts35.2%Single-detached units as a share of all housing starts over the trailing 12 months.
Rental share of housing starts53.4%Starts intended for the rental market as a share of all starts over the trailing 12 months.

Compare Saskatoon

Where Saskatoon ranks

Sources and data period

Figures cover the trailing 12 months ending June 2026, the latest period published for all 16 markets. Source data retrieved through September 12, 2026. This page was built on November 8, 2026; the build date is not the data period. Values not published by the source are shown as “Not published”, never estimated.

Methodology, definitions and limitations

Dataset generated September 13, 2026.

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    Construction Market Intelligence

    An independent publication built from official Statistics Canada and CMHC data. Current data: trailing 12 months ending June 2026.

    Contains information licensed under the Open Government Licence – Canada. Not affiliated with or endorsed by Statistics Canada or CMHC.